4500 NW 6th St, Miami, FL 33126
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More about this property

$220000
Property Type - Single Family
Lot Size - 6,760 sq ft
Bed - 4
Bath - 4
Sq Ft - 2,218
Build Year - 1947
City - Miami
Stater - Florida
Zip Code - 33126

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Neighborhood

Morris Manors

Property Condition

Deal Score

🔥Profit/Loss Forecast🔥

Buying Price: 220,000
Extra Costs: 20,000
Repair Costs: 50,000
Total Start Money: 290,000
Value When Fixed: 680,000
Money You Might Make: 390,000

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Description

Condition: Property is being sold “as-is” with no showings permitted.
Comparable Sale: 550 NW 43rd Pl, Miami, FL 33126, sold for $675,000 with 4 bedrooms and 3 bathrooms, ARV estimated at $680,000.
Repair Needs: Estimated $50,000 for repairs to improve the property to fair market value.
Market Trends:
Rental Demand: High in the area, particularly for 4-bedroom homes.
Price Appreciation: 3% increase in property value last year.
Development Projects: Close proximity to key Miami hubs like Coral Gables and Miami International Airport.
Permits and Compliance: No known liens or violations; buyers are advised to perform due diligence.

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Disclaimer

Properties are being sold as-is, and The buyer is to pay all closing costs unless otherwise stated. No representations written or oral are made concerning the properties above. Price is based on cash or hard money offers and is net to the seller. All offers on properties require a non-refundable earnest deposit and have an average 15-day close of escrow. Buyers to do their own independent due diligence. The Property Flip LLC and or its employees or members make no guarantees concerning the property value, condition, characteristics, or financial benefits. Equal Opportunity Housing. One or more employees or members of The Property Flip LLC are licensed real estate agents in the state of Florida.

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Learn more about 4500 NW 6th St, Miami, FL 33126